SYDNEY: Malaysia-based International Islamic Liquidity Management Corp (IILM) will expand its Islamic bond programme by US$370mil to US$860mil (RM1.2bil to RM2.8bil) next week, increasing its issuance of short-term sukuk for the first time since its launch last year.
The IILM, a consortium of central banks from Asia, the Middle East and Africa, will conduct the auction of three-month sukuk on Jan 20, according to a filing with Bank Negara.
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